UK could lose 40,000 banking jobs after Brexit
15:05 | 02/08/2017 Global Economy
Up to 40,000 financial services jobs would leave Britain and banks’ costs could rise by as much as 4 percent if the U.K. leaves the EU without a trade deal, consultancy firm Oliver Wyman warned in a report published Tuesday.
China tells Trump not to link trade to N. Korea
15:42 | 31/07/2017 Global Economy
China said Monday the U.S. should not link trade to discussions about North Korea's nuclear program, after President Donald Trump accused Beijing of taking no action on Pyongyang despite profiting from business with America.
Global infra investment need to reach $97 trillion by 2040
17:00 | 26/07/2017 Global Economy
(VEN) - A ground-breaking new report by the G20’s Global Infrastructure Hub (GI Hub) outlines infrastructure investment needs globally and individually for 50 countries and seven sectors to 2040, reveals the cost of providing infrastructure to support global economic growth and to start to close infrastructure gaps is forecast to reach US$94 trillion by 2040, with a further $3.5 trillion needed to meet the UN Sustainable Development Goals (SDGs) for universal household access to drinking water and electricity by 2030, bringing the total to $97 trillion.